If the owners of a foreclosure home worth $500,000 is seized by the bank because the owners default on $100,000 remaining, does that mean I only have to pay $100,000 and the $500,000 home becomes mine 100% legally?
You haven't missed your mark as prices start to go back up. Prices are NOT going to see the kind of artificial appreciation seen during the bubble growth. "Almost can't lose"--never say never. Buying now would be foolish. Prices have a lot more to come down.
If the owners of a foreclosure home worth $500,000 is seized by the bank because the owners default on $100,000 remaining, does that mean I only have to pay $100,000 and the $500,000 home becomes mine 100% legally?
pharmacyiii 4 years ago
You haven't missed your mark as prices start to go back up. Prices are NOT going to see the kind of artificial appreciation seen during the bubble growth. "Almost can't lose"--never say never. Buying now would be foolish. Prices have a lot more to come down.
tyronebiggums3 4 years ago